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microcaps1

Re: f1flyer post# 46694

Tuesday, 05/31/2011 4:11:35 AM

Tuesday, May 31, 2011 4:11:35 AM

Post# of 91121
I answered this in post 46627. Due to mideast turmoil,oil and shipping prices spiked. Murphys law and shipping sharks-CWRN ended up paying near the peak of the spike. Costs should be less next time and Bob is going to word contract better and watch out for those sharks.

Until 7 years ago iron was only ca 27/ton total sale price. For last several years there been a worldwide recession(except for China/India),which has also impacted shipping industry with a glut of vessels. So obviously shipping is not normally this high.
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